SEHK:1211Auto
BYD (SEHK:1211) Valuation Check as Thai Price Cuts Signal Strategic Push and Demand Uncertainty
BYD (SEHK:1211) just fired a clear warning shot in Thailand, slashing Seal sedan prices by up to 38% and promising compensation for early buyers if cuts continue. This move is putting volumes, margins and sentiment in sharp focus.
See our latest analysis for BYD.
Investors have been recalibrating expectations around these aggressive tactics, with the share price now at HK$93.9 and a 90 day share price return of minus 17.27% contrasting with a still solid 3 year total shareholder return of...